Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 29333 [2024-08560]

Download as PDF Federal Register / Vol. 89, No. 78 / Monday, April 22, 2024 / Notices transactions across many lenders may improve operational processes and data standards. Freddie Mac’s ownership of both loans reduces the challenges of obtaining concurrence for loss mitigation solutions on the closed-end second mortgage and may assist with holistic borrower retention activities including loan modifications. III. Request for Comments FHFA requests comments on the questions below. Commenters do not need to answer each question. Please identify the question answered by the number assigned below. 1. To what degree might the proposed new product advance any of the purposes set forth in Freddie Mac’s charter act (see section I.B above)? 2. To what degree might the proposed new product advance Freddie Mac’s Duty to Serve Underserved Markets activities 21 and support Freddie Mac in meeting its housing goals? 22 3. To what degree might the proposed new product already be supplied by other market participants? 4. To what degree might the proposed new product promote or lessen competition in the marketplace? 5. To what degree might the proposed new product overcome natural market barriers or inefficiencies? 6. To what degree might the proposed new product raise or mitigate risks to the mortgage finance or financial system? 7. To what degree might the proposed new product further fair housing and fair lending? 8. To what degree might borrowers benefit from or be adversely affected by the proposed new product? 9. Are there any other factors that the Director should take into consideration concerning the proposed new product? Sandra L. Thompson, Director, Federal Housing Finance Agency. [FR Doc. 2024–08479 Filed 4–19–24; 8:45 am] BILLING CODE 8070–01–P lotter on DSK11XQN23PROD with NOTICES1 21 Under the Safety and Soundness Act, the Enterprises have a statutory duty to serve three specified underserved markets—manufactured housing, affordable housing preservation, and rural housing—by increasing the liquidity for mortgage investments and improving the distribution of investment capital available for residential financing for very low-, low-, and moderate-income families in those markets. 12 U.S.C. 4565; 12 CFR part 1282. 22 As required by the Safety and Soundness Act, the Director establishes annual housing goals with respect to mortgage purchases by the Enterprises. 12 U.S.C. 4561, 12 CFR part 1282. Purchases of subordinate lien mortgages, including the proposed new product, would not be treated as mortgage purchases for purposes of Freddie Mac’s housing goals. 12 CFR 1282.16(b)(10). VerDate Sep<11>2014 06:41 Apr 20, 2024 Jkt 262001 FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments received are subject to public disclosure. In general, comments received will be made available without change and will not be modified to remove personal or business information including confidential, contact, or other identifying information. Comments should not include any information such as confidential information that would not be appropriate for public disclosure. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue, NW, Washington DC 20551–0001, not later than May 7, 2024. A. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & Acquisitions) 2200 North Pearl Street, Dallas, Texas 75201–2272. Comments can also be sent electronically to Comments.applications@dal.frb.org: 1. Sandra Davis Maddox, Dallas, Texas; to retain voting shares of First West Texas Bankshares, Inc., and thereby indirectly retain voting shares of West Texas National Bank, both of Midland, Texas. In addition, David Lynn Davis, as executor of the Estate of Michael Keith Davis and as trustee of the Michael K. Davis Family Trust and the Michael K. Davis Marital Trust, Nicholas Andrew Davis, as trustee of the Nicholas Andrew PO 00000 Frm 00052 Fmt 4703 Sfmt 9990 29333 Davis Exempt GST Trust and the Nicholas Andrew Davis Non-Exempt GST Trust, Eric Ryan Davis, individually and as trustee of the Eric R. Davis Exempt GST Trust and the Eric R. Davis Non-Exempt GST Trust, and Richard Dell Hatchett, all of Midland, Texas; Jeffrey Lyle Maddox, as trustee of the Jeffrey L. Maddox Exempt GST Trust and the Jeffrey L. Maddox Non-Exempt GST Trust, and Amber Lynette Klimczak, as trustee of the Amber L. Maddox Exempt GST Trust and the Amber L. Maddox Non-Exempt GST Trust, all of Dallas, Texas; Brian Lee Maddox, as executor of the Estate of Lori Davis Winter, and as trustee of the Brian L. Maddox Exempt GST Trust and the Brian L. Maddox Non-Exempt GST Trust, Alexander Nolan Davis, and Christopher Lane Maddox, as trustee of the Christopher L. Maddox Exempt GST Trust and the Christopher L. Maddox Non-Exempt GST Trust, all of Houston, Texas; Amy Louise Patyk, as trustee of the Amy L. Maddox Exempt GST Trust and the Amy L. Maddox Non-Exempt GST Trust, all of Fort Worth, Texas; Dawn Marie Belizaire, as trustee of the Dawn M. Davis Exempt GST Trust and the Dawn M. Davis Non-Exempt GST Trust, all of Jamaica Plain, Massachusetts; Matthew Lynn Davis, as trustee of the Matthew L. Davis Exempt GST Trust and the Matthew L. Davis Non-Exempt GST Trust, all of Coppell, Texas; and Randall Keith Moore of Slaton, Texas; to join the Davis/Maddox family group, a group acting in concert, to acquire voting shares of First West Texas Bankshares, Inc., and thereby indirectly acquire voting shares of West Texas National Bank, both of Midland, Texas. David Lynn Davis and Nicholas Andrew Davis are members of the Davis/Maddox family group and were both previously permitted by the Federal Reserve System to acquire control of voting shares of First West Texas Bankshares, Inc. Board of Governors of the Federal Reserve System. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2024–08560 Filed 4–19–24; 8:45 am] BILLING CODE P E:\FR\FM\22APN1.SGM 22APN1

Agencies

[Federal Register Volume 89, Number 78 (Monday, April 22, 2024)]
[Notices]
[Page 29333]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-08560]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (Act) (12 U.S.C. 1817(j)) and 225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
applications are set forth in paragraph 7 of the Act (12 U.S.C. 
1817(j)(7)).
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in paragraph 7 of the Act.
    Comments received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue, NW, Washington DC 20551-0001, not later than May 7, 2024.
    A. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & 
Acquisitions) 2200 North Pearl Street, Dallas, Texas 75201-2272. 
Comments can also be sent electronically to 
[email protected]:
    1. Sandra Davis Maddox, Dallas, Texas; to retain voting shares of 
First West Texas Bankshares, Inc., and thereby indirectly retain voting 
shares of West Texas National Bank, both of Midland, Texas.
    In addition, David Lynn Davis, as executor of the Estate of Michael 
Keith Davis and as trustee of the Michael K. Davis Family Trust and the 
Michael K. Davis Marital Trust, Nicholas Andrew Davis, as trustee of 
the Nicholas Andrew Davis Exempt GST Trust and the Nicholas Andrew 
Davis Non-Exempt GST Trust, Eric Ryan Davis, individually and as 
trustee of the Eric R. Davis Exempt GST Trust and the Eric R. Davis 
Non-Exempt GST Trust, and Richard Dell Hatchett, all of Midland, Texas; 
Jeffrey Lyle Maddox, as trustee of the Jeffrey L. Maddox Exempt GST 
Trust and the Jeffrey L. Maddox Non-Exempt GST Trust, and Amber Lynette 
Klimczak, as trustee of the Amber L. Maddox Exempt GST Trust and the 
Amber L. Maddox Non-Exempt GST Trust, all of Dallas, Texas; Brian Lee 
Maddox, as executor of the Estate of Lori Davis Winter, and as trustee 
of the Brian L. Maddox Exempt GST Trust and the Brian L. Maddox Non-
Exempt GST Trust, Alexander Nolan Davis, and Christopher Lane Maddox, 
as trustee of the Christopher L. Maddox Exempt GST Trust and the 
Christopher L. Maddox Non-Exempt GST Trust, all of Houston, Texas; Amy 
Louise Patyk, as trustee of the Amy L. Maddox Exempt GST Trust and the 
Amy L. Maddox Non-Exempt GST Trust, all of Fort Worth, Texas; Dawn 
Marie Belizaire, as trustee of the Dawn M. Davis Exempt GST Trust and 
the Dawn M. Davis Non-Exempt GST Trust, all of Jamaica Plain, 
Massachusetts; Matthew Lynn Davis, as trustee of the Matthew L. Davis 
Exempt GST Trust and the Matthew L. Davis Non-Exempt GST Trust, all of 
Coppell, Texas; and Randall Keith Moore of Slaton, Texas; to join the 
Davis/Maddox family group, a group acting in concert, to acquire voting 
shares of First West Texas Bankshares, Inc., and thereby indirectly 
acquire voting shares of West Texas National Bank, both of Midland, 
Texas. David Lynn Davis and Nicholas Andrew Davis are members of the 
Davis/Maddox family group and were both previously permitted by the 
Federal Reserve System to acquire control of voting shares of First 
West Texas Bankshares, Inc.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-08560 Filed 4-19-24; 8:45 am]
BILLING CODE P
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